Health Insurance For Retirees | Explore Your Options

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AutoInsuranceMM.Info – Health insurance for college students – Health Insurance For Retirees | Explore Your Options

If you’ve held a stable job, you probably benefited consistently through health coverage offered by your employer.

And now that your retirement is approaching, you’ll definitely need to review your health coverage options. The health insurance industry can be tricky even for a person who annually shops for insurance in the Marketplace. And it can be a whole lot trickier for first-time shoppers. Fortunately, we are here to help you out and discuss all about health insurance for retirees.

Retiring before age 65… 

If you lose your job-based health plan and you are below 65, then you can use the Health Insurance Marketplace to purchase a plan. Take note that if you don’t have coverage you may have to pay a fee. Remember that you no longer have to wait for the Open Enrollment Period to buy a plan since losing health coverage qualifies you for a Special Enrollment Period. Furthermore, you can also check if you qualify for free or low-cost coverage through the Medicaid program in your state.

Do you have retiree health benefits?

If so, then you are considered covered under the health care law. Moreover, you don’t have to pay the penalty that people without insurance must pay. But if you want to buy a Marketplace plan instead, you can definitely do so. However, you can’t get premium tax credits and other savings based on your income if you are actually enrolled in retiree coverage.

Local help is always free.

As Oregon’s trusted licensed health consultant since 2006, we at Health Plans In Oregon, continuously strive to help Oregonians in getting affordable and efficient health plans. To know more about health insurance for retirees and to see if you qualify for a private plan with premium tax credits and lower out-of-pocket costs, reach us thru 503-998-6169 or simply send an email to [email protected] for all inquiries on healthcare insurance and Medicare.

Also see:
Medicare Automatic Enrollment – Are You Included?
Help Paying Medicare Premiums – Get The Help You Need